About Media General
Media General is a company based in Richmond (United States) founded in 1969 was acquired by Nexstar Broadcasting in January 2016.. Media General has completed 6 acquisitions, including Blockdot, DealTaker and KCTV5.
- Headquarter Richmond, United States
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$915 M (USD), Debt – Conventional
Dec 01, 2014
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Blockdot
& 5 more
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Acquired by
Nexstar Broadcasting
(Jan 27, 2016)
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Funding Insights of Media General
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $915.0M
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First Round
First Round
(01 Dec 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2014 | Amount | Debt – Conventional - Media General | Valuation |
investors |
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| Dec, 2014 | Amount | Debt – Conventional - Media General | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Media General
Media General has secured backing from 1 investor. Prominent investors backing the company include Nexstar Broadcasting. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Television stations are owned and operated in 62 US markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Media General
Media General has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Blockdot, DealTaker and KCTV5. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online and mobile casual games are developed by Blockdot.
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2005 | ||||
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Coupons platform for online purchases
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2004 | ||||
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Television and digital media company
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Media General
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Media General Comparisons
Competitors of Media General
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Media General
When was Media General founded?
Media General was founded in 1969 and raised its 1st funding round 45 years after it was founded.
Where is Media General located?
Media General is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
What does Media General do?
Producer and distributor of local and national news, sports, and entertainment content across television and digital platforms. This includes the operation of television stations, networks, and digital properties. The company produces a significant amount of programming annually and offers advertising opportunities across its various media channels. Its digital division provides content publishing, marketing, and video advertising services. The organizations holdings encompass a major broadcast network and national news network.
How many acquisitions has Media General made?
Who are Media General's investors?
Media General has 1 investor. Key investors include Nexstar Broadcasting.